MBA Graduates Still Eschewing Finance

5/7/2013 8:06AM

The dean of Tuck School of Business at Dartmouth College says his MBA graduates still aren’t heading into finance jobs in the numbers that they did before the financial crisis. WSJ’s Phillipa Leighton-Jones discusses the MBA market with Paul Danos.

This transcript has been automatically generated and may not be 100% accurate.

I ... the the ... I feel all that ... has seen ... it was founded in nineteen hundred offering ... MBA program will ... just four seats to hit that point ... down two hundred thousand students will light up like the sounds ... the NBA ... Pulte D tells into the DMV for them how it's changed and the US and ... the andthe approved on the ones that people know ... of the very top or usually require experience ... something new in the last thirty forty years and say ... where the ... real business experience is required for this is the talk ... five years of experience is the average saw our average age of a story students twenty seven ... ok and would you ever consider any human ... experience and ideas ... oh ... we dual what were we ... there's a certain distribution someday when three-year subdued with ten fifteen years of experience versus the average ... but we don't want that is a policy to have ... say inexperienced and is being mixed with our experienced ... a lot of that has to do with the teamwork ... and sharing ... what we want that experience a comment about part of the education ... we just had an expected UPS is from the U S and sadness you know those things still remain in the struggle ... I think all to questions being asked in that environment as an NBA still when it ... gets you the job he wanted the that that that meant that pay increases in payments to know so well ... the ... them ... from the best schools in the world's ... best in the probes world ... there's never been a better time ... for employment ... refer to it ... um hundred percent of our students ... get ... very good opportunity to slash here with a ... twenty five percent ... a group of Roman ... graduation ... and and this year looks like even better so ... I think this is a match to many of the great schools ... and and the total compensation is very hard ... harder than ever ... so I think that there's a tremendous Morgan for the experience well educated ... leader of the future ... the squall ... and you know the problems we have of ... in the middle and lower range of one point ... which is okay With and many places really doesn't apply to the very top ... I went on to but at a takeout SDN and it ... might ... cost a hundred thousand dollars and you've got to the costs of about twenty months of twenty thousand dollars yet ... what kind of increased the senior salaries ... that were placed with that with an MBA from tops ... will ... be the worst in the cuts that are probably gives up a job that will ... they were earning ... seventy five to eighty thousand ... last year the total guaranteed compensation of never stops and was around one hundred and eighty s as the US ... dollar and and ... and so I think that ... the ... our compensation formula is this is great ... but even more important is the ... the ... increase in options that you truly get ... an arm or a good job of it and has a worldwide in all the best firms ... and so ... is it really is a life changing experience not just personally ... and in terms of the options with a career ... and so on the ... value proposition which is in question a lot of fire education ... I don't think the value proposition is a palm that the best in the probes ... I'm just one last question on that ... at times and tells the people on the cutting into investment banking has to be a big focus is as much as it was nice to be missed it's ... not as much ... you know the ... one-time third of our sons went into some type of financial services ... now it's more like twenty percent ... consulting and strategic consulting jobs or maybe thirty percent ... but then ... the general corporate jobs of all kinds ranging from ... from ... a high tackle with health care ... and everything inbetween marketing etc ... it is over fifty percent ... so I ... got more diverse ... Hall